Most talked about now would be the topping candles seen on the weekly charts of S&P500 and NASDAQ.
Indeed they usually signify an imminent pullback. The question is to where?
Does not look like a super crash at this point in time. Overall charts still quite bullish.
But be prepared for pullbacks akan datang.
S&P500/NASDAQ Weekly - 29 June 2024
Cup and Handle has fully played out on NASDAQ.
It all matters now what's next and like mentioned previously, it all depends on how market makers have been setup for 2H 2024.
Stay observant.
NASDAQ Cup and Handle - 29 June 2024
@melson @TigerStars @macroB @CaptainTiger @Deposit
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